RICH AND POOR….I’m curious about something: is there any kind of rough consensus about what income it takes to reasonably label someone as “rich” or “poor” or “middle class”? Here are some top-of-the-head household income cutoffs just to trigger discussion:
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Poor: $0-$15,000
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Working poor: $15,000 – $25,000
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Lower middle class: $25,000 – $35,000
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Middle class: $35,000 – $65,000
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Upper middle class: $65,000 – $90,000
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Well off: $90,000 – $150,000
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Very well off: $150,000 – $350,000
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Rich: $350,000+
Obviously this doesn’t take into account size of family, region, type of income, etc. etc. Nor are these technical definitions. I’m just looking for the most general kind of consensus about what’s in people’s heads when these words are used.
Comments?